The Canadian Industrial Outlook Service includes detailed five-year forecasts in 16 key Canadian industries. This report examines the short-and medium-term economic and profitability outlook for Canada’s Food Manufacturing Industry.
Canada’s Food Manufacturing Industry: Industrial Outlook Summer 2009
Canada’s Food Manufacturing Industry: Industrial Outlook Summer 2009
Industry Economic Analysis
$1,250.00
- Recession Diet—Although the recession’s effects on the industry have been mild, consumers are substituting to lower-cost and store-brand foods that have lower margins for food manufacturers.
- Export Markets—Industry exports continue to grow despite the global recession. Diversification away from the U.S. market is a key reason.
- Agricultural Prices—Lower prices for many of the industry’s key inputs, particularly grain products, are supporting profitability.
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